Honda will stop with Formula 1 after 2021 and will use resources for development of ev’s

Honda will stop as a supplier of Formula 1 engines after 2021, because the car manufacturer wants to use its money and resources to further develop zero-emission cars. Honda wants to focus strongly on electric cars and hydrogen cars, with the goal of making only CO₂-neutral cars by 2050 and to have two-thirds of its offer consisting of electric cars by 2030. In order for that to succeed, the manufacturer will stop developing F1 fuel engines after next year. This frees up research and development money and resources that are dedicated to the development of zero-emission cars. In April this year, Honda established the Innovative Research Excellence, Power Unit & Energy center. That business unit is working on technologies for emission-free cars, such as battery-electric cars and hydrogen cars. The knowledge gained in F1 is combined here. Honda returned as an engine supplier to Formula 1 in 2015. The car brand did not have its own team. The Honda power unit is currently in use with the Red Bull Racing and Scuderia AlphaTauri F1 teams. Honda will continue to fuel those teams this year and next year, with Honda already making electric cars such as the compact Honda e. The Japanese car manufacturer also has hydrogen cars in production in the Clarity range. These models are currently only available in California and Japan. RA620H, the current power unit that Honda makes for Formula 1 teams.